Vitalik Buterin aims to simplify Ethereum to match Bitcoin by 2030 – CryptoSlate
Vitalik Buterin Advocates for Simplifying Ethereum Vitalik Buterin, co-founder of Ethereum, has expressed his belief that like Bitcoin, blockchain technology can enhance long-term durability and scalability. In a blog post on May 3, he mentioned that “Ethereum in five years can be as simple as Bitcoin.” He stated: “One of the best things about Bitcoin […]
Bitcoin and Ethereum ETFs see $655M in inflows as SEC swiftly approves Bitwise's new combined fund – CryptoSlate
The US Spot Bitcoin and Ethereum Exchanging Trade Fund (ETF) looked at the inflow of $ 655 million on January 30, reflecting strong recovery on investors' interests. The rapid increase is after the Bitwise Fund, which provides exposure to both assets after approval of the US Securities and Exchange Commission (SEC). Bitcoin and Ethereum ETF […]
Bitwise eyes first Dogecoin ETF amid rising crypto ETF interest – CryptoSlate
Bitwise Asset Management has prepared what could be its first Dogecoin-focused exchange traded fund (ETF). The company announced on January 22nd, Registered Delaware Statutory Trust with the Delaware Department of Corporations. This is a common preparatory stage for launching a financial product. Following this news, DOGE's value has fallen by around 5% in the past […]
The Bitcoin-Altcoin relationship: A reversion of altcoin dynamics – CryptoSlate
The following is a guest post from Shane Neagle, Editor-in-Chief of The Tokenist. With the US presidential election over, Bitcoin has been hitting new highs almost every week throughout November. On November 22, Bitcoin reached the nearly $100,000 mark, reinvigorating the altcoin market and now $1.49 trillion Market capitalization. Conventional wisdom suggests that altcoins will […]
Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval – CryptoSlate
Ripple Labs’ new stablecoin Ripple USD (RLUSD) is expected to receive approval from the New York Department of Financial Services (NYDFS) and could be ready for launch by December 4, Fox Business reported. reported According to a person familiar with the matter. If Ripple Labs receives approval, it will be able to legally offer RLUSD […]
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders – CryptoSlate
The Blockchain Association, a nonprofit organization representing cryptocurrency and blockchain businesses in the United States, letter Friday to President-elect Donald Trump and Congress. In a letter signed by Blockchain Association CEO Kristin Smith, the association outlined five priorities for the Trump administration's first 100 days. While the entire cryptocurrency industry is calling for the removal […]
Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies – CryptoSlate
On-Chain Highlights meaning: Exchange Balance The total amount of coins held in the exchange address. Bitcoin balances on exchanges continue to decline and have hit significant lows. The latest data shows that total balances on exchanges have fallen below 2.3 million BTC, the lowest since March 2018. The main driver of this change is a […]
Samson Mow believes Bitcoin will surge to $1 million 'within days or weeks' once supply crunch hits – CryptoSlate
JAN3 CEO and Bitcoin bull Samson Mo believes Bitcoin could experience a significant supply shock within the next few days, potentially destabilizing Bitcoin supply. . Price soars to $1 million within “days or weeks.” This forecast is contingent on demand from the recently approved Bitcoin ETF and recognition of the supply shock caused by the […]
BlackRock scoops up 11,500 BTC during dip as ETF leads the pack – CryptoSlate
BlackRock reportedly acquired stunning assets 11,500 Bitcoin from the available supply during the recent sell-off since the launch of the Spot Bitcoin ETF. This amount is significant considering that only 900 BTC is issued every day. The purchase by BlackRock effectively means that approximately 13 days worth of Bitcoin production has been absorbed by one […]